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[STT]

We can expect a breakout, an attempt to move the price from the current drift because rarely is Bitcoin rated as more stable a standard then various other assets and measures.    In fact quite ironically if BTC did maintain a very steady price it starts to become higher utility in certain trading swaps for that stability, hence when we reach that point it will very likely change I think a bit like magnetic polar opposites can repel etc.   The tendency towards just one price recently is short term and would have to be confirmed in multiple ways just like any other kind of support or resistance, we are right on the weekly average and we've tested downwards a number of times I think we go up a bit to test prices there.

[Sir Legend]

After the bitcoin price has continued to decline since the end of 2021 or almost a year then I don't really expect much with the price of bitcoin, maybe the highest price until the end of the year is around $25k even many people believe the price will continue to decline to potentially below $17k.

[el kaka22]

It is time for thinking about sideways to recovery kind of market conditions. just 2% downfall in Q3 must be a typical sign about change in market sentiment which may grow bigger to compare against what we had in Q2. In my opinion we had already bottomed out for this cycle (and if not, we may still see another 10% of fluctuation before reversal). The current bear market started earlier than usual timing of bitcoin cycles hence we could expect the end of it earlier as well. Also, world economy is still in oscillation after pandemic hence we could expect impacts of that into bitcoin market.

Overall, we can expect something different that what we had in Q2 and Q3 which may last for another 10+ months. Usually the year before halving is known for sideways and all market scenarios are favoring that.

[blue_hurricanger]

If wasn't because of the recession looming at large, I would've placed my bet on another bullish Q4 like almost every Q4 as before. But since this recession so no bullish for this Q4. If you're in the manufacturing sector, there was a grim situation. Most new orders are drying up, jobs are cut because of that. Seem like everyone in the US/EU tighten their wallet. The Consumer Price Index is increasing while Purchasing Power decreases indicating clearly the effect of inflation is kicking in.
What does this mean for Bitcoin and crypto overall? It means no more leisurely purchasing gifts and overspending on the Christmas and New Year's Eve seasons. Same for Bitcoin/cryptos, I expect strong sell orders took over the market instead of buying orders.

[fuguebtc]

If wasn't because of the recession looming at large, I would've placed my bet on another bullish Q4 like almost every Q4 as before. But since this recession so no bullish for this Q4. If you're in the manufacturing sector, there was a grim situation. Most new orders are drying up, jobs are cut because of that. Seem like everyone in the US/EU tighten their wallet. The Consumer Price Index is increasing while Purchasing Power decreases indicating clearly the effect of inflation is kicking in.
What does this mean for Bitcoin and crypto overall? It means no more leisurely purchasing gifts and overspending on the Christmas and New Year's Eve seasons. Same for Bitcoin/cryptos, I expect strong sell orders took over the market instead of buying orders.

They are in a bearish cycle and maybe the 4 year cycle is still repeating itself, there are usually short-term rallies. With what's going on in the world, I really couldn't expect more, what we can expect is inflation will drop, and war will end, only these can help us think of a bull run in the last days of the year.

The decline in purchasing power is not only happening in the US and EU, if you live in a poorer country you will see how people are struggling with energy and expensive goods. People don't even have enough money to spend everyday so investing with them now is too far away.

[Zanab247]

Since the year is coming to an end soon, I expect the price of Bitcoin to reach $50k before the end of October so that it will allow investors to prepare well for Christmas and new year celebration.I don't think, the price of Bitcoin will remain low during Christmas and new year celebration, which is the best season many investors use to release their coins to the market to make a suitable profits that will help them to celebrate the new year very well in the community.

[Punakawan]

Now we are in December and it seems that there is no significant movement, maybe the price can return to the $ 20K level but I'm sure not long then it will go down below $ 20k, indeed the 2022 market is at a very difficult level because of the many FUDS after the emergence of the case FTX.